COMPASS MEMORIAL HEALTHCARE — financial and operating metrics

CCN 161317, MARENGO, IA · Medicare cost reports, FY2020–FY2025

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified224175294305359378
Total facility inpatient daysunverified2,4912,1162,0581,7071,7341,762
Total patient revenue (gross charges)unverified$41,393,147$47,673,981$63,660,975$73,043,597$87,122,726$95,121,142
Contractual allowances and discountsunverified$12,441,896$18,835,202$27,966,306$35,146,873$38,847,014$43,666,583
Net patient revenueunverified$28,951,251$28,838,779$35,694,669$37,896,724$48,275,712$51,454,559
Total operating expensesunverified$28,401,990$30,165,011$34,190,482$37,009,039$45,214,052$49,517,645
Net income from service to patientsunverified$549,261$-1,326,232$1,504,187$887,685$3,061,660$1,936,914
Net incomeunverified$3,919,905$4,304,035$3,817,360$2,276,954$5,878,370$4,870,195
Cost of uncompensated careunverified$922,736$227,564$673,162$558,529$989,498$576,931
Total facility bad debt expenseunverified$907,441$314,210$484,470$321,310$788,900$345,670
Charity care charges and uninsured discountsunverified$2,257,311$2,388,918$2,307,249$2,307,249$3,072,296$3,618,077
Cost of charity careunverified$317,105$39,758$411,187$402,957$589,222$412,740
Operating marginunverified1.9%-4.6%4.2%2.3%6.3%3.8%
Overall cost-to-charge ratiounverified68.6%63.3%53.7%50.7%51.9%52.1%
Occupancy rateunverified27.2%23.2%22.6%18.7%19.0%19.3%
Average length of stayunverified11.112.17.05.64.84.7
Uncompensated care as % of operating expenseunverified3.2%0.8%2.0%1.5%2.2%1.2%
Charity care cost-to-charge ratiounverified14.0%1.7%17.8%17.5%19.2%11.4%
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